PURCHASE CONTRACT between MWE HOUSTON PROPERTY, L.P. (“SELLER”) AND APPLE NINE HOSPITALITY OWNERSHIP, INC. (“BUYER”) AND joined in by W.I. REALTY I, L.P., d/b/a WESTERN INTERNATIONAL (“WESTERN”) Dated: October 29, 2008Purchase Contract • November 4th, 2008 • Apple REIT Nine, Inc. • Real estate investment trusts
This PURCHASE CONTRACT (this “Contract”) is made and entered into as of October , 2008, by and between MWE HOUSTON PROPERTY, L.P., a Texas limited partnership (“Seller”), with its principal office at c/o Western International, 13647 Montfort Drive, Dallas, Texas 75240, and APPLE NINE HOSPITALITY OWNERSHIP, INC., a Virginia corporation, with its principal office at 814 East Main Street, Richmond, Virginia 23219, or its affiliates or assigns (“Buyer”) and, to the extent provided herein, joined in by W. I. REALTY I, L.P., d/b/a WESTERN INTERNATIONAL, a Texas limited partnership (“Western”), with its principal office at 13647 Montfort Drive, Dallas, Texas 75240.
